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	<title>Comments on: Demo Day: Y Combinator&#8217;s Spring Chicks</title>
	<atom:link href="http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/</link>
	<description>Startup and Technology News</description>
	<pubDate>Sun, 20 Jul 2008 07:07:31 +0000</pubDate>
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		<title>By: Auctomatic acquired by Live Current Media &#171; Bootup Labs</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-2052758</link>
		<dc:creator>Auctomatic acquired by Live Current Media &#171; Bootup Labs</dc:creator>
		<pubDate>Wed, 26 Mar 2008 14:34:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-2052758</guid>
		<description>[...] knew of the Auctomatic guys because they were a Y Combinator funded startup, and were hanging out with Avi and the team at DabbleDB. It was great to talk with this [...]</description>
		<content:encoded><![CDATA[<p>[...] knew of the Auctomatic guys because they were a Y Combinator funded startup, and were hanging out with Avi and the team at DabbleDB. It was great to talk with this [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mans Bags Manbag Menbags Men Bags Man Bag Handbags for men &#187; Blog Archive &#187; Google Acquires Zenter</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1525169</link>
		<dc:creator>Mans Bags Manbag Menbags Men Bags Man Bag Handbags for men &#187; Blog Archive &#187; Google Acquires Zenter</dc:creator>
		<pubDate>Sun, 29 Jul 2007 16:48:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1525169</guid>
		<description>[...] [Logo via TechCrunch.] [...]</description>
		<content:encoded><![CDATA[<p>[...] [Logo via TechCrunch.] [...]</p>
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		<title>By: WipBox</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1500563</link>
		<dc:creator>WipBox</dc:creator>
		<pubDate>Mon, 16 Jul 2007 07:04:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1500563</guid>
		<description>&lt;strong&gt;WipBox launches WipBox&#160;Mobile!...&lt;/strong&gt;

WipBox launches WipBox Mobile.  Search for what something&#8217;s worth, right from an SMS-enabled phone.
......</description>
		<content:encoded><![CDATA[<p><strong>WipBox launches WipBox&nbsp;Mobile!&#8230;</strong></p>
<p>WipBox launches WipBox Mobile.  Search for what something&#8217;s worth, right from an SMS-enabled phone.<br />
&#8230;&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: &#35895;&#27468;&#27835;&#21360; Google Blogoscoped &#20013;&#25991;&#29256; &#187; Google 收购 Zenter</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1485281</link>
		<dc:creator>&#35895;&#27468;&#27835;&#21360; Google Blogoscoped &#20013;&#25991;&#29256; &#187; Google 收购 Zenter</dc:creator>
		<pubDate>Fri, 06 Jul 2007 02:23:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1485281</guid>
		<description>[...] [Logo 来自于 TechCrunch.] [...]</description>
		<content:encoded><![CDATA[<p>[...] [Logo 来自于 TechCrunch.] [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: WipBox</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1427178</link>
		<dc:creator>WipBox</dc:creator>
		<pubDate>Thu, 14 Jun 2007 17:35:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1427178</guid>
		<description>&lt;strong&gt;WipBox goes&#160;Free!...&lt;/strong&gt;

When I built the first version of WipBox, it was created to help me sell my stuff in my move from LA back to the Bay Area.  Although it had its bugs, it did exactly what it was designed for.  It liquidated my extra stuff driving my moving costs from ...</description>
		<content:encoded><![CDATA[<p><strong>WipBox goes&nbsp;Free!&#8230;</strong></p>
<p>When I built the first version of WipBox, it was created to help me sell my stuff in my move from LA back to the Bay Area.  Although it had its bugs, it did exactly what it was designed for.  It liquidated my extra stuff driving my moving costs from &#8230;</p>
]]></content:encoded>
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		<title>By: RazorSharp iPods &#38; Raw Gadgets &#187; Blog Archive &#187; Y Combinator’s WriteWith Launches - Collaborative Blogging</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1386655</link>
		<dc:creator>RazorSharp iPods &#38; Raw Gadgets &#187; Blog Archive &#187; Y Combinator’s WriteWith Launches - Collaborative Blogging</dc:creator>
		<pubDate>Mon, 21 May 2007 06:45:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1386655</guid>
		<description>[...] mentioned WriteWith in a roundup post last month on new Y Combinator startups. They&#8217;ve created a group writing platform that falls [...]</description>
		<content:encoded><![CDATA[<p>[...] mentioned WriteWith in a roundup post last month on new Y Combinator startups. They&#8217;ve created a group writing platform that falls [...]</p>
]]></content:encoded>
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		<title>By: WipBox</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1380640</link>
		<dc:creator>WipBox</dc:creator>
		<pubDate>Thu, 17 May 2007 02:06:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1380640</guid>
		<description>&lt;strong&gt;Edit your eBay and Craigslist photos with WipBox +&#160;Snipshot...&lt;/strong&gt;

Now you can edit your photos on WipBox using Snipshot.
Now that it&#8217;s fully integrated, all you have to do is click &#8216;Edit&#8217; after you&#8217;ve uploaded your photo and you&#8217;ll be immediately taken into the editor.  We&#8217;ve set i...</description>
		<content:encoded><![CDATA[<p><strong>Edit your eBay and Craigslist photos with WipBox +&nbsp;Snipshot&#8230;</strong></p>
<p>Now you can edit your photos on WipBox using Snipshot.<br />
Now that it&#8217;s fully integrated, all you have to do is click &#8216;Edit&#8217; after you&#8217;ve uploaded your photo and you&#8217;ll be immediately taken into the editor.  We&#8217;ve set i&#8230;</p>
]]></content:encoded>
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	<item>
		<title>By: Startup Meme &#187; YCombinator - A Force to Reckon With, A Model to Replicate</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1299963</link>
		<dc:creator>Startup Meme &#187; YCombinator - A Force to Reckon With, A Model to Replicate</dc:creator>
		<pubDate>Fri, 30 Mar 2007 16:23:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1299963</guid>
		<description>[...] From what i have come to know from Techcrunch, Tsumobi will be some sort of a universal mobile scripting language that will sit on top of J2ME [...]</description>
		<content:encoded><![CDATA[<p>[...] From what i have come to know from Techcrunch, Tsumobi will be some sort of a universal mobile scripting language that will sit on top of J2ME [...]</p>
]]></content:encoded>
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		<title>By: Sean Wolfe</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1220552</link>
		<dc:creator>Sean Wolfe</dc:creator>
		<pubDate>Wed, 14 Mar 2007 06:37:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1220552</guid>
		<description>Scriggle-it is a completely different type of service. They deal with the artist to consumer relationships. Whitenoise hopes to address the relationships between professionals within the industry.</description>
		<content:encoded><![CDATA[<p>Scriggle-it is a completely different type of service. They deal with the artist to consumer relationships. Whitenoise hopes to address the relationships between professionals within the industry.</p>
]]></content:encoded>
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		<title>By: Joseph</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1220068</link>
		<dc:creator>Joseph</dc:creator>
		<pubDate>Wed, 14 Mar 2007 04:19:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1220068</guid>
		<description>Why wait for White Noise when you can use &lt;a href="http://www.scriggle-it.com/" rel="nofollow"&gt;Scriggle-it&lt;/a&gt; today?</description>
		<content:encoded><![CDATA[<p>Why wait for White Noise when you can use <a href="http://www.scriggle-it.com/" rel="nofollow" onclick="javascript:pageTracker._trackPageview ('/outbound/www.scriggle-it.com');">Scriggle-it</a> today?</p>
]]></content:encoded>
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	<item>
		<title>By: missed the point</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1214072</link>
		<dc:creator>missed the point</dc:creator>
		<pubDate>Mon, 12 Mar 2007 22:43:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1214072</guid>
		<description>magwa:

first of all its more like 6% for 15-20k AND these kids instantly have an in with everyone important in the valley.  You can't put a monetary value on instant respect and attention.  Try doing that with prosper.com...</description>
		<content:encoded><![CDATA[<p>magwa:</p>
<p>first of all its more like 6% for 15-20k AND these kids instantly have an in with everyone important in the valley.  You can&#8217;t put a monetary value on instant respect and attention.  Try doing that with prosper.com&#8230;</p>
]]></content:encoded>
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	<item>
		<title>By: magwa</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1213130</link>
		<dc:creator>magwa</dc:creator>
		<pubDate>Mon, 12 Mar 2007 18:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1213130</guid>
		<description>6% for 5K is ridiculous, someone tell these kids about www.prosper.com</description>
		<content:encoded><![CDATA[<p>6% for 5K is ridiculous, someone tell these kids about <a href="http://www.prosper.com" rel="nofollow">http://www.prosper.com</a></p>
]]></content:encoded>
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	<item>
		<title>By: Kevin Fischer</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1209954</link>
		<dc:creator>Kevin Fischer</dc:creator>
		<pubDate>Mon, 12 Mar 2007 05:55:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1209954</guid>
		<description>David:  Techstars is the only direct competitor to Y Combinator, offering a similar program with similar investment terms. They're located in Boulder Colorado.

Charles River Ventures offers 250,000 quickstart grants, which could appeal to Y Combinator type companies.

Also Lightspeed Venture Partners in Menlo Park:   $10,000 grants per team member, for free.</description>
		<content:encoded><![CDATA[<p>David:  Techstars is the only direct competitor to Y Combinator, offering a similar program with similar investment terms. They&#8217;re located in Boulder Colorado.</p>
<p>Charles River Ventures offers 250,000 quickstart grants, which could appeal to Y Combinator type companies.</p>
<p>Also Lightspeed Venture Partners in Menlo Park:   $10,000 grants per team member, for free.</p>
]]></content:encoded>
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	<item>
		<title>By: Rahul Dighe</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1200936</link>
		<dc:creator>Rahul Dighe</dc:creator>
		<pubDate>Sat, 10 Mar 2007 18:30:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1200936</guid>
		<description>I am currently in a b school, and as a part of our school's venture fund am doing due diligence on something exactly like white noise. Although Y Combinator might be gambling by taking stakes at $5000 in the long run it has a reputation to maintain, its i think funding websites not businesses, i just cannot imagine what are the revenue projections, marketing plans, entry strategies and whole other things that are fundamental to launching the businesses. it looks to me that they are all proof of concepts and if someone likes it they buy it.</description>
		<content:encoded><![CDATA[<p>I am currently in a b school, and as a part of our school&#8217;s venture fund am doing due diligence on something exactly like white noise. Although Y Combinator might be gambling by taking stakes at $5000 in the long run it has a reputation to maintain, its i think funding websites not businesses, i just cannot imagine what are the revenue projections, marketing plans, entry strategies and whole other things that are fundamental to launching the businesses. it looks to me that they are all proof of concepts and if someone likes it they buy it.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Brian</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1198900</link>
		<dc:creator>Brian</dc:creator>
		<pubDate>Sat, 10 Mar 2007 10:13:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1198900</guid>
		<description>There must be more to Tsumobi than what is written above. Does anybody have more information?

In particular, I am curious about two things:

(1) How is Tsumobi going to get onto the user's phone? If installing JME apps is too hard for an end-user, and Tsumobi is a JME app, then isn't Tsumobi itself too hard to install? Why would handset manufacturers and/or carriers pre-load Tsumobi onto phones?

(2) Is Tsumobi something that can be embedded into another JME application (basically, a scripting framework), or is it a standalone app that works like a midlet manager + Nokia Catalog?

I am developing some tools that sound a lot like Tsumobi based on the description above, which is why I'm so curious.</description>
		<content:encoded><![CDATA[<p>There must be more to Tsumobi than what is written above. Does anybody have more information?</p>
<p>In particular, I am curious about two things:</p>
<p>(1) How is Tsumobi going to get onto the user&#8217;s phone? If installing JME apps is too hard for an end-user, and Tsumobi is a JME app, then isn&#8217;t Tsumobi itself too hard to install? Why would handset manufacturers and/or carriers pre-load Tsumobi onto phones?</p>
<p>(2) Is Tsumobi something that can be embedded into another JME application (basically, a scripting framework), or is it a standalone app that works like a midlet manager + Nokia Catalog?</p>
<p>I am developing some tools that sound a lot like Tsumobi based on the description above, which is why I&#8217;m so curious.</p>
]]></content:encoded>
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	<item>
		<title>By: David Mackey</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1197904</link>
		<dc:creator>David Mackey</dc:creator>
		<pubDate>Sat, 10 Mar 2007 06:19:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1197904</guid>
		<description>So, when is Conde Nast going to acquire Y Combinator? And are there any competitors to Y Combinator? 6% is an awful lot for so little cash.</description>
		<content:encoded><![CDATA[<p>So, when is Conde Nast going to acquire Y Combinator? And are there any competitors to Y Combinator? 6% is an awful lot for so little cash.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: anti-troll</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1196291</link>
		<dc:creator>anti-troll</dc:creator>
		<pubDate>Sat, 10 Mar 2007 01:14:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1196291</guid>
		<description>To all the trolls who have to hate on y combinator...

How about you pitch in to help starving 20-something entrepreneurs get a leg up in the world?

Mouth --&#62; money. 

Assume that y combinator companies are rational decision-makers.

To all the trolls who hate on the companies themselves:

1) most startups fail, so what's worse about this list? especially considering its comprised of young hackers making something out of nothing in ~2 months on a shoestring

2) do you have stats to prove that any of these companies are failing to attract people who like what they have to offer?

3) vc's and angels invest in y combinator companies; bets are actively being made against your opinions. cheers.

---

@ carmen: your web site = fresh idea?</description>
		<content:encoded><![CDATA[<p>To all the trolls who have to hate on y combinator&#8230;</p>
<p>How about you pitch in to help starving 20-something entrepreneurs get a leg up in the world?</p>
<p>Mouth &#8211;&gt; money. </p>
<p>Assume that y combinator companies are rational decision-makers.</p>
<p>To all the trolls who hate on the companies themselves:</p>
<p>1) most startups fail, so what&#8217;s worse about this list? especially considering its comprised of young hackers making something out of nothing in ~2 months on a shoestring</p>
<p>2) do you have stats to prove that any of these companies are failing to attract people who like what they have to offer?</p>
<p>3) vc&#8217;s and angels invest in y combinator companies; bets are actively being made against your opinions. cheers.</p>
<p>&#8212;</p>
<p>@ carmen: your web site = fresh idea?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: carmen</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195900</link>
		<dc:creator>carmen</dc:creator>
		<pubDate>Fri, 09 Mar 2007 23:40:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195900</guid>
		<description>given the nature of the beastly companies in the class that adds features via acquisition, all these apps would likely to have to be completely rewritten to integrate with the company's diistributed serverfarm/bigtable architecture anyways - at that point youre hoping you can hire the founders for some fixed period - and im guessing most of these guys would rather cash out and remain entrepreneurs than do that - they're smart recent grads from CS schools im sure they could get a job working for Google or eBay if they wanted..

these improved 'features' praobly wouldn't see the traffic needed to be acquisition-worthy unless they were actually acquired (since the companies whose products are being fixed, have amassed enough talent to fix it themselves), which is the second chicken and egg. so i do think these guys have their work cut out for them.

the main disappointment is the lack of fresh ideas. wheres the distributed peer-moderated replacement for the FDA/FCC/IRS? what about the dollar itself? the last thing we need is another twittr..</description>
		<content:encoded><![CDATA[<p>given the nature of the beastly companies in the class that adds features via acquisition, all these apps would likely to have to be completely rewritten to integrate with the company&#8217;s diistributed serverfarm/bigtable architecture anyways - at that point youre hoping you can hire the founders for some fixed period - and im guessing most of these guys would rather cash out and remain entrepreneurs than do that - they&#8217;re smart recent grads from CS schools im sure they could get a job working for Google or eBay if they wanted..</p>
<p>these improved &#8216;features&#8217; praobly wouldn&#8217;t see the traffic needed to be acquisition-worthy unless they were actually acquired (since the companies whose products are being fixed, have amassed enough talent to fix it themselves), which is the second chicken and egg. so i do think these guys have their work cut out for them.</p>
<p>the main disappointment is the lack of fresh ideas. wheres the distributed peer-moderated replacement for the FDA/FCC/IRS? what about the dollar itself? the last thing we need is another twittr..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195541</link>
		<dc:creator>David</dc:creator>
		<pubDate>Fri, 09 Mar 2007 22:21:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195541</guid>
		<description>To the above commenter -- maybe you'd enjoy owning 100% of $0?</description>
		<content:encoded><![CDATA[<p>To the above commenter &#8212; maybe you&#8217;d enjoy owning 100% of $0?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: why?</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195404</link>
		<dc:creator>why?</dc:creator>
		<pubDate>Fri, 09 Mar 2007 21:50:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195404</guid>
		<description>Sell out!!!


Why won't you own 90% of your company? You invented it.... That's  right... Not the investors.....

Greed is good for investors. You founders should give your money back to investors!!!</description>
		<content:encoded><![CDATA[<p>Sell out!!!</p>
<p>Why won&#8217;t you own 90% of your company? You invented it&#8230;. That&#8217;s  right&#8230; Not the investors&#8230;..</p>
<p>Greed is good for investors. You founders should give your money back to investors!!!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195302</link>
		<dc:creator>David</dc:creator>
		<pubDate>Fri, 09 Mar 2007 21:30:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195302</guid>
		<description>I'll have to agree with Emmett here: most commenters did not read the story very carefully. Besides the fact that most investments are in the order of $15,000 - $20,000 for 6%, it's hard to understate how crucial the mentoring and networking help can be -- and maybe that's why most will continue to criticize from their vantage point (likely not an entrepreneur themselves).

Even a great product, on merit alone, won't get the attention it deserves. Before you're in the Y Combinator program, you'll be fighting for attention. Afterwards, you'll be in meetings with the most prominent investors in the valley -- it's really a stamp of approval of sorts for investors. And this helps along every stage: product advice from the best out there, a kick-start to the investment game, connections when it comes time for an exit, and sometimes a boot in the ass saying: "Don't get distracted, make something people want".</description>
		<content:encoded><![CDATA[<p>I&#8217;ll have to agree with Emmett here: most commenters did not read the story very carefully. Besides the fact that most investments are in the order of $15,000 - $20,000 for 6%, it&#8217;s hard to understate how crucial the mentoring and networking help can be &#8212; and maybe that&#8217;s why most will continue to criticize from their vantage point (likely not an entrepreneur themselves).</p>
<p>Even a great product, on merit alone, won&#8217;t get the attention it deserves. Before you&#8217;re in the Y Combinator program, you&#8217;ll be fighting for attention. Afterwards, you&#8217;ll be in meetings with the most prominent investors in the valley &#8212; it&#8217;s really a stamp of approval of sorts for investors. And this helps along every stage: product advice from the best out there, a kick-start to the investment game, connections when it comes time for an exit, and sometimes a boot in the ass saying: &#8220;Don&#8217;t get distracted, make something people want&#8221;.</p>
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		<title>By: matthew</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195221</link>
		<dc:creator>matthew</dc:creator>
		<pubDate>Fri, 09 Mar 2007 21:13:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1195221</guid>
		<description>"Most founders don’t recognize that equity financing is the most expensive form of financing and while sometimes you have to give it up, doing so right at the outset like this has probably locked these startups into total reliance upon angels and/or VCs. Finding a way to bootstrap is always ideal in my opinion, especially when you’re talking about amounts this small."

true that. what a gip. $5,000 for 6%? c'mon.</description>
		<content:encoded><![CDATA[<p>&#8220;Most founders don’t recognize that equity financing is the most expensive form of financing and while sometimes you have to give it up, doing so right at the outset like this has probably locked these startups into total reliance upon angels and/or VCs. Finding a way to bootstrap is always ideal in my opinion, especially when you’re talking about amounts this small.&#8221;</p>
<p>true that. what a gip. $5,000 for 6%? c&#8217;mon.</p>
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		<title>By: ... bored surfer</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194951</link>
		<dc:creator>... bored surfer</dc:creator>
		<pubDate>Fri, 09 Mar 2007 20:10:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194951</guid>
		<description>As anonymouse above points out, these are not original ideas for the most part. But Paul Graham's objective is clear: he believes that someone will acquire, say, writewith or zenter (word processing &#38; presentation, respectively), and incorporate it in a broader product suite. But given his cynical characterization of the acquisition process ("Smart geeks taking advantage of dumb suits" would sum it up pretty accurately) and the fairly obvious "role model" he serves as to take the money and run,  it is hard for these companies to a) emerge as substantial enterprises on their own, because Y Combinator companies are always known to be ready to be flipped or b) attract high valuation in exits, because even "dumb suits" know when they are being treated as dumb suits.

Kiko got, what, $300K? Given that valuation going in was at least $100-150K, and there was probably some money put in after the initial seed, it is not clear there was much of a win there. Reddit was more of a hit, but even that I doubt got more than $3-4 million, netting Paul $300-400K. 

There aren't all that many acquisition opportunities out there, and the few large public players know they have all the leverage (suits can negotiate better than geeks can!) so it is harder and harder to score that cool hit you can brag about to your friends for ever (like Paul has been doing ever since he unloaded ViaWeb on Yahoo). Like a good general, Paul is executing a battleplan ideal for the go-go 90s. May be this time around, private equity or hedge funds will do some web roll-ups and offer Paul a good ROI and an opportunity to smirk about dumb suits but ...</description>
		<content:encoded><![CDATA[<p>As anonymouse above points out, these are not original ideas for the most part. But Paul Graham&#8217;s objective is clear: he believes that someone will acquire, say, writewith or zenter (word processing &amp; presentation, respectively), and incorporate it in a broader product suite. But given his cynical characterization of the acquisition process (&#8221;Smart geeks taking advantage of dumb suits&#8221; would sum it up pretty accurately) and the fairly obvious &#8220;role model&#8221; he serves as to take the money and run,  it is hard for these companies to a) emerge as substantial enterprises on their own, because Y Combinator companies are always known to be ready to be flipped or b) attract high valuation in exits, because even &#8220;dumb suits&#8221; know when they are being treated as dumb suits.</p>
<p>Kiko got, what, $300K? Given that valuation going in was at least $100-150K, and there was probably some money put in after the initial seed, it is not clear there was much of a win there. Reddit was more of a hit, but even that I doubt got more than $3-4 million, netting Paul $300-400K. </p>
<p>There aren&#8217;t all that many acquisition opportunities out there, and the few large public players know they have all the leverage (suits can negotiate better than geeks can!) so it is harder and harder to score that cool hit you can brag about to your friends for ever (like Paul has been doing ever since he unloaded ViaWeb on Yahoo). Like a good general, Paul is executing a battleplan ideal for the go-go 90s. May be this time around, private equity or hedge funds will do some web roll-ups and offer Paul a good ROI and an opportunity to smirk about dumb suits but &#8230;</p>
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		<title>By: anonymouse</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194668</link>
		<dc:creator>anonymouse</dc:creator>
		<pubDate>Fri, 09 Mar 2007 19:03:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194668</guid>
		<description>and "socialmoth" is utterly dumb, and I cannot fathom how it would receive VC funding. it is tantamount to a bored freshman CS student's weekend project. whatevs.</description>
		<content:encoded><![CDATA[<p>and &#8220;socialmoth&#8221; is utterly dumb, and I cannot fathom how it would receive VC funding. it is tantamount to a bored freshman CS student&#8217;s weekend project. whatevs.</p>
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		<title>By: anonymouse</title>
		<link>http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194664</link>
		<dc:creator>anonymouse</dc:creator>
		<pubDate>Fri, 09 Mar 2007 19:02:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/03/09/demo-day-y-combinators-spring-chicks/#comment-1194664</guid>
		<description>not a single one of these ideas is original, but all that counts is whether they can sell memberships/ads/whatever.</description>
		<content:encoded><![CDATA[<p>not a single one of these ideas is original, but all that counts is whether they can sell memberships/ads/whatever.</p>
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